Investors' Wealth Climbs Rs 21 Lakh Cr In Two Days Of Stock Market Recovery
In the broader market, the BSE smallcap gauge jumped 3.06 per cent, while the midcap index climbed 2.28 per cent.
Jun 06, 2024, 17:47 PM IST
Tech Mahindra To Merge Two US-Based Subsidiaries
According to the filing, the turnover of BORN and TMA for the financial year ended 31st March 2023 is USD 55.08 million and USD 1,201.37 million respectively.
Mar 24, 2024, 15:55 PM IST
Stock Markets Settle Flat In Volatile Trade Ahead Of RBI's Interest Rate Decision
Among the Sensex firms, State Bank of India rose the most by 3.78 per cent after the bank announced the acquisition of SBI CAPS subsidiary for Rs 708.07 crore.
Feb 07, 2024, 16:44 PM IST
OpenAI CEO Sam Altman Says India's ChatGPT Attempt Is 'Hopeless'
Tech Mahindra CEO CP Gurnani also responded to Altman's 'challenge' that Indian businesses could not compete with their American counterparts in terms of AI skills.
Jun 10, 2023, 14:56 PM IST
Former Infosys Prez Mohit Joshi Appointed New MD, CEO Of Tech Mahindra As C P Gurnani To Retire
Joshi will replace Gurnani who has been one of the longest serving chief executive officers of the Indian IT sector. Gurnani had joined Tech Mahindra in 2004 and later spearheaded the takeover of scam-ridden Satyam Computers and its merger with Tech Mahindra.
Mar 11, 2023, 12:58 PM IST
Benchmark index BSE Sensex slumps 224 points snapping four day rally; Nifty closes at 18,091.55 points
Tracking weakness in the global indices, the benchmark Sensex started the day sharply down at 59,417.12 points. However, the index recouped its losses in the afternoon session. It briefly turned positive touching a high of 60,649.04 points in the intra-day.
Sep 14, 2022, 17:37 PM IST
Sensex rallies 580 pts in early trade; Nifty tops 17,650
Sensex rallied 580 points in early trade on Thursday.
Aug 11, 2022, 11:19 AM IST
Tech Mahindra to acquire 80% stake in Australian firm Geomatic.AI
The deal has been signed and closed simultaneously, it added.
Feb 15, 2022, 23:54 PM IST
TCS 2nd most valuable IT services brand globally, 5 other Indian companies in top 25 tally
Accenture retained the title of world's most valuable and strongest IT services brand, boasting record brand value of USD 36.2 billion.
Jan 28, 2022, 11:06 AM IST
Tech Mahindra joins Niti Aayog to support women entrepreneurs
Tech Mahindra will provide mentorship, co-create solutions leveraging new age technologies and support in developing a go-to-market strategy.
Aug 24, 2020, 18:10 PM IST
Tech Mahindra introduces K2, AI-powered humanoid Human Resource
Tech Mahindra’s first HR humanoid was introduced in its Hyderabad campus, earlier this month.
Jun 25, 2019, 10:58 AM IST
Tech Mahindra inks deal with Airbus for cabin, cargo design engineering
Karthikeyan Natarajan, global head of engineering and IoT at Tech Mahindra, said the partnership will strengthen the company's aerospace engineering portfolio, especially in areas like cabin engineering and customer services.
Jun 21, 2019, 11:45 AM IST
Tech Mahindra, Rakuten to set up 5G labs in Tokyo, Bengaluru
The announcement comes on the sidelines of Prime Minister Narendra Modi’s visit to Japan and meeting with Prime Minister Shinzo Abe to further strengthen Indo-Japan business ties.
Oct 29, 2018, 17:58 PM IST
Tech Mahindra sacks executive after ex-employee complains of discrimination
Tech Mahindra has sacked the employee, who had been accused by a former employee of harassing and discriminating against him on grounds of sexual orientation, according to a tweet by the IT major.
Sep 16, 2018, 20:14 PM IST
Tech Mahindra quarterly profit surges
Analysts on average had expected a profit of 7.18 billion rupees, according to Thomson Reuters Eikon data.
Nov 01, 2017, 17:25 PM IST
Tech Mahindra shares jump over 7% after Q1 earnings
The scrip after making a positive opening further gained 7.43 per cent to Rs 413.90 on the BSE. On the NSE, it surged 7.26 percent to Rs 413.90.
Aug 01, 2017, 13:00 PM IST
Mahindra group to pump in $1 billion in US over next 5 years
The Mumbai-headquartered group, which currently employs around 3,000 people in the country, also plans to double the headcount over the next five years as it looks to expand operations.
Jul 16, 2017, 16:05 PM IST
IT stocks continue to see selling pressure, down up to 3.6%
IT stocks continued to witness selling pressure for the second straight session Thursday, falling by up to 3.6 percent amid rising concerns as the sector is facing challenges on multiple fronts including stricter visa regime in key markets.
Jun 08, 2017, 18:03 PM IST
Tech Mahindra leads as global engineering R&D services provider
Software major Tech Mahindra has been recognised as a global engineering and R&D services provider based on the comprehensive assessment of its `Design to Build Engineering` capabilities by management consulting firm Zinnov, the company said on Sunday.
Jun 04, 2017, 16:45 PM IST
Reports of job losses overstated, to hire 20K this year: Infosys
IT services major Infosys on Friday said it will hire 20,000 people this year as against only 400 people being asked to leave on performance grounds and termed reports of large-scale job losses as "overstated".
Jun 02, 2017, 18:05 PM IST
